Thursday, December 17, 2009 Aveo expects to raise $86.3 million in IPO
Associated Press Aveo Pharmaceuticals Inc. said Wednesday it plans on raising about $86.3 million in an initial public stock offering. The Cambridge biotech company has not yet disclosed how many shares it plans on offering or set a pricing range. Aveo... Extended unemployment checks are in the mail
By Robert Gavin, Globe Staff Nearly 65,000 Massachusetts residents who qualified for the recently approved extension of federal unemployment benefits will soon receive their first checks, state labor officials. The checks, totalling nearly $41 million, were mailed this week as... Putnam survey: People more upbeat about economy
Globe Staff Many Americans expect improvements in the economy and their personal finances, but are planning to rein in holiday spending this year and step up saving next year, according to an online survey of 1,000 adults commissioned by Putnam... Mass. unemployment rate drops 2nd straight month
By Robert Gavin, Globe Staff The Massachusetts unemployment rate fell in November for the second month in row, suggesting that the state's struggling job market might be nearing a bottom. The jobless rate slipped another tenth point in November, to... Polaroid property might sit for years
By Lisa Kocian, Globe Staff There are so many obstacles to developing the 120 acres in Waltham formerly owned by the Polaroid Corp. that one real estate expert said the property on Route 128 could sit idle for 10 years.... Biogen Idec drops offer for Facet
By Robert Weisman, Globe Staff Biogen Idec Inc. formally ended its three-month-old tender offer for Facet Biotech Corp. this morning after Facet investors withheld the majority of their shares from the Cambridge suitor. In a regulatory filing, Biogen Idec acknowledged... PC market returns to growth, IDC says
Globe Staff Worldwide shipments of personal computers returned to positive growth in the third quarter of 2009, with an increase of 2.3 percent after three consecutive quarters of decline, said IDC, the market intelligence firm headquartered in Framingham. Strong back-to-school... Sipple signs on with Putnam
Globe Staff Putnam Investments, a Boston mutual funds company, announced that Scott Sipple has joined the firm as Head of Strategic Relationships, focused on communication with the asset management research platforms of major wealth management firms. The newly created position will... A123, China's Shanghai Autos plan battery venture
Associated Press SHANGHAI -- A123 Systems Inc. and General Motors Co. partner SAIC Motor Corp. said yesterday that they plan a joint venture in China to supply batteries for electric and hybrid vehicles. Watertown-based A123 already is a supplier to... Today in Globe Business
UMass makes a deal for Bayside The University of Massachusetts Boston has reached an agreement to acquire the troubled Bayside Exposition Center at Columbia Point in what would mark a major expansion by the school into neighboring waterfront property in... Wednesday, December 16, 2009 Bank of America names Moynihan as CEO
Wellesley executive Brian T. Moynihan was named the next chief executive of Bank of America Corp., the company said tonight.Moynihan, 50, who heads the bank's sprawling consumer and small business franchise, was tapped by Bank of America directors last night... Louis Vuitton settles with New Balance
By Jenn Abelson, Globe StaffLouis Vuitton said today it had agreed to stop selling the Minstrel shoe line as part of a settlement reached with New Balance Athletic Shoe Inc., which accused the French luxury goods company of copying New... Beth Israel ends up with a $10.3 million gain
By Robert Weisman, Globe Staff Beth Israel Deaconess Medical Center, which in March warned it was on track to lose $20 million for the 2009 fiscal year, instead managed to post a $10.3 million operating gain for the year, and... New England Boat Show has a new owner
Globe Staff The National Marine Manufacturers Association, a Chicago-based group that represents the recreational boating industry in North America, said it has acquired the the New England Boat Show from North America Expositions Co. as part of a larger strategic... Abt Associates will evaluate flu vaccines
Globe Staff Abt Associates, a Cambridge-based firm that offers research and consulting services, said it will conduct a study designed to evaluate the effectiveness of the H1N1 and seasonal flu vaccines among pregnant women. The study is for the Centers... | 
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